PriMetrica’s GlobalComms database has once again thrown up some interesting findings, this time analysing revenues of the world’s largest telecoms companies. Of the 80 companies profiled in the database, 33 reported 2003 revenues of in excess of USD10 billion, with a further 16 posting sales of over USD5 billion. Top of the pile once again was Japanese telco NTT which reported sales of USD98.1 billion for the year ended 31 March 2004, a 9.5% increase on the previous year’s figure. Second placed Verizon Communications ended 2003 with a revenue of USD67.75 billion, a figure virtually unchanged on the previous year, while Germany’s Deutsche Telekom reported an almost 25% hike in turnover to end the year on USD63.09 billion. UK-based wireless holding company Vodafone managed 21% revenue growth in the year ended 31 March 2004 to USD56.59 billion while France Telecom performed slightly less well with growth of 18% to USD52.11 billion. SBC actually saw its revenue shrink by 5% in 2003 to USD40.84 billion, a fate similarly suffered by AT&T which saw revenues decline by almost 9% to USD34.5 billion.
Companies at the other end of the table, unsurprisingly reported the largest revenue increases, with Kuwaiti-based cellcos MTC-Vodafone and Wataniya achieving growth of 95% and 90% to USD851 million and USD536 million. In third place Russia’s MTS achieved 86% growth in turnover to USD2.55 billion, reflecting its burgeoning subscriber base both in Russia and in neighbouring countries. Other good performances were recorded by India’s Bharti Tele-Ventures, Africa’s MTN and China Unicom. GlobalComms subscribers have access to the full financial rankings of the 80 major providers in GlobalComms. For more information visit www.primetrica.com or call Chris Hadland on +44 1392 315567.